Thursday, July 26, 2007

Teradata HQ Coming to Miami Valley

Officials say they're building the foundation for technology in The Dayton Region.

Monday, company executives and public officials broke ground for Teradata, an NCR spin-off that specializes in data warehousing.

Teradata headquarters will be located on 741 in Miami Township and officials say it will bring high paying jobs to The Miami Valley.

Lieutenant Governor, Lee Fisher said, "We want Dayton and The Dayton Area to be world-class leaders in technology, and Teradata is known around the world. And, we want people to say Teradata is an Ohio company."

Fisher says Teradata's decision to stay in Ohio was a coup for the state.

He said, "I have no doubt that when the world sees that Teradata has chosen Ohio over other states to be their world class headquarters, they're going to look at Ohio more seriously."

Officials say the decision to remain in The Dayton Region means employees won't have to deal with the stress of relocation.

Teradata Vice President, Bob Fair, said, "We'll be able to spin out and start our own new company with zero distractions to the employee base. So, we get a jump start on going out and growing the company even faster."

When finished, the building will be two stories high and cover 40-thousand square feet.

Teradata hopes to move its 250 employees to the new building by the end of the year.

This is excellent news for the Miami Valley, which has been struggling in the job market. The Dayton area has a long tradition of excellence in technology and innovation and it appears that there is a commitment to keep it that way.

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